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Endpoint Detection and Response Market Insights | Key Players : McAfee, Cisco Systems, RSA Security, FireEye and Guidance Software

01-11-2019 02:22 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets

Endpoint Detection and Response Market Insights | Key Players :

According to recent research "Endpoint Detection and Response Market by Component (Solution and Service), Enforcement Point (Workstations, Mobile Devices, Servers, POS Terminals), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021", The EDR market size is estimated to grow from USD 749.0 million in 2016 to USD 2,285.4 Million by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 25.0%.

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The EDR solutions and services help to offer protection on endpoints from advanced threats such as malware, ransomware, and Advanced Persistent Threats (APTs). Moreover, increasing demand from Small and Medium Enterprises (SMEs) operating across diverse industry verticals and regions is expected to drive the market growth during the forecast period.

The mobile devices enforcement point segment to play a key role in the EDR market

The mobile devices enforcement point segment is projected to grow at the highest CAGR during the forecast period. Due to digital revolution and the rise in usage of mobile devices, the level of threats on mobile endpoints has increased. Rise in BYOD and increased usage of mobile devices in the BFSI sector are triggering the growth of the EDR market. Mobile devices connected to the enterprise network can be subject to threats and vulnerabilities, which can cause loss in millions to the enterprises.

The workstations enforcement point segment is expected to have the largest market share and dominate the EDR market from 2016 to 2021, due to growing instances of advanced threats on workstations.

The Banking, Financial Services, and Insurance (BFSI) vertical is expected to grow at the highest CAGR in the EDR market

The BFSI industry vertical is expected to contribute the largest market share in the EDR market, due to increasing digitization in banking operations and rise in the number of government regulations on banking and financial transactions. The BFSI sector is expected to grow at the highest CAGR from 2016 to 2021, in the EDR market, due to the technological proliferation of banking and financial processes. Adoption of EDR solutions brings advanced protection from threats without affecting the operational efficiency, thus driving the demand.

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North America is expected to contribute the largest market share, whereas APAC is expected to grow at the highest rate

North America is expected to have the largest market share and dominate the EDR market from 2016 to 2021, due to the presence of a large number of EDR solution vendors and early innovative technology adopters across the U.S. and Canada. APAC offers potential growth opportunities in the EDR market, as there is a wide presence of SMEs that are turning towards such EDR solutions to efficiently safeguard their business endpoints, particularly in developing countries such as India, China, and Singapore.

The major vendors in the EDR market include McAfee (U.S.), Cisco Systems, Inc. (U.S.), RSA Security (U.S.), FireEye, Inc. (U.S.), Guidance Software, Inc. (U.S.), Carbon Black, Inc. (U.S.), Digital Guardian (U.S.), Tripwire, Inc. (U.S.), Symantec Corporation (U.S.), and CrowdStrike, Inc. (U.S.).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

Mr. Shelly Singh
MarketsandMarkets™ INC.
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USA : 1-888-600-6441
newsletter@marketsandmarkets.com

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